LONDON – The U.S. remains the dominant electrical and electronics market, with the total sales reaching USD 261 billion as of 2013. There was a decline in sales in the country during 2008-2013, impacted by the economic meltdown and continued frugality among consumers. The nation is forecast to witness significant growth of 3.15% through to 2018, influenced by the reviving economy and a big surge in sales through the online channel. The showrooming trend is influencing the physical store sales of the U.S.’s leading specialist retailers. Whilst retailers like Radio Shack and Best Buy are most impacted, online retailers including Amazon benefited the most.

In the next five years, Brazil’s electrical and electronics sector is projected to witness sales uplift of around USD 15 billion, the second highest (after the U.S.), driven by rising disposable incomes of the middle-class population and their eagerness to lead affluent lifestyles. Other Latin American nations like Peru and Chile are expected to register high growth rates in the offing.

The report provides a granular analysis of the latest trends, market dynamics including coverage of 9 channels, and major innovations in the retail space in leading nations across the Americas. It identifies the biggest and most rapidly growing channels for the category in the region’s top countries, besides pinpointing the largest value growth. The research publication provides a detailed analysis of major trends having a bearing on the electrical and electronics market. The competitive landscape, along with a comprehensive review of top overseas players across the region, is provided.